Canaccord Genuity Group Trims Greenlane Renewables (OTCMKTS:GRNWF) Target Price to C$1.90

Greenlane Renewables (OTCMKTS:GRNWFGet Rating) had its price target cut by Canaccord Genuity Group from C$2.25 to C$1.90 in a research report issued to clients and investors on Sunday, The Fly reports.

Separately, Raymond James cut their price objective on shares of Greenlane Renewables from C$3.15 to C$2.25 in a report on Friday.

Shares of GRNWF opened at $0.57 on Friday. Greenlane Renewables has a fifty-two week low of $0.51 and a fifty-two week high of $1.51. The firm’s 50-day simple moving average is $0.80 and its two-hundred day simple moving average is $0.92.

Greenlane Renewables Company Profile (Get Rating)

Greenlane Renewables Inc designs, develops, sells, and services a range of biogas upgrading systems worldwide. The company's systems remove impurities and separate carbon dioxide from biomethane in the raw biogas created from anaerobic decomposition of organic waste at landfills, wastewater treatment plants, and farms and for injection food waste facilities into the natural gas grid or for direct use as vehicle fuel.

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